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  • 2008 India Current Affairs & Banking
  • As proposed in the Union Budget 2008-09 a 'Risk Capital F...
Multiple choice

As proposed in the Union Budget 2008-09 a 'Risk Capital Fund' is set up by the Govt. of India. Who amongst the following will maintain and operate that fund ?

  1. NABARD

  2. SIDBI

  3. ECGC

  4. RBI

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Risk Capital Fund mentioned in the 2008-09 budget context was managed and operated by SIDBI (Small Industries Development Bank of India).

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